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Dec 28, 2012
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. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died y
. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate...
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Dec 30, 2012
12/12
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CNNW
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the grew of age in politics in the clinton administration and watched pelosi and harry reid vote for tax increases under bill clinton that are the taxes we would go back to if we do nothing. at the same time, i watched nancy pelosi lead the charge against the bush tax cuts that ultimately now they want to keep 98% of. the truth is if we go over the cliff on a tax basis, we're only going back to the clinton era taxes. if we don't change spending, we're going to stay over the cliff. even if we go back to the clinton tax rates, the clinton tax rates, which is what the cliff is described as, you still have nearly half a trillion dollars a year, $5 trillion over ten years worth of deficit. that's because while we grew the -- under bush the taxes revenue went up 25%, and spending went up 100% in the last 12 years. if you put back the revenue from the higher taxes, you still have a deficit. that's what we're trying to change. >> we kind of are where we are, and no one is talking about spending cuts. they're talking about keeps taxes low, which everybody agrees. let me ask a specific questio
the grew of age in politics in the clinton administration and watched pelosi and harry reid vote for tax increases under bill clinton that are the taxes we would go back to if we do nothing. at the same time, i watched nancy pelosi lead the charge against the bush tax cuts that ultimately now they want to keep 98% of. the truth is if we go over the cliff on a tax basis, we're only going back to the clinton era taxes. if we don't change spending, we're going to stay over the cliff. even if we go...
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Dec 28, 2012
12/12
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there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back. stay tuned. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> congressional leaders have just left the white house about an hour and 20 minutes arriving for a meeting with the presiden
there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back....
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Dec 28, 2012
12/12
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WUSA
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president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time. this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last-minute. >> they're playing games with people's lives. and i don't m
president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and --...
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Dec 23, 2012
12/12
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he put forth a proposal that was identical to one that nancy pelosi had suggested back when it was her idea. and the president just simply dismissed it out of hand. he said raising taxes on only people mdking $1 million or more a year isn't going to cut it. and so i don't really -- i don't see how, given the things that harry read and president obama have dismissed out of hand that speaker boehner brought them. i don't know what speaker boehner could bring to make them budge other than 100% of everything president obama now says he wants. >> one of the others things americans want and when they voted was on the back of their mind is this country needs a balanced budget like all of us have had to reevaluate our budgets. who is committed to that? >> well, i think that a lot of the stalwarts in the house to made the promise of not raising taxes, that where the people are most adamant about the importance of a budget. we're looking at five years now, is that possible? five years in the senate. harry reid has not been able to produce a budget and the budget president obama recommended last
he put forth a proposal that was identical to one that nancy pelosi had suggested back when it was her idea. and the president just simply dismissed it out of hand. he said raising taxes on only people mdking $1 million or more a year isn't going to cut it. and so i don't really -- i don't see how, given the things that harry read and president obama have dismissed out of hand that speaker boehner brought them. i don't know what speaker boehner could bring to make them budge other than 100% of...
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into the speakership. >> they wouldn't have to vote for pelosi. they could vote for newt gingrich -- >> but pelosi would get the most votes. >> you need to get 218. they would need to find a nominee who had 218. i don't think boehner would ever lose, but i think it would be a big symbol, a very big kind of vote of dissatisfaction among his republicans. >> chris, you know what we don't need right now is another symbol. how about complete symbol. thank you. wait until you see the headlines the next couple days, but the grown-ups who write front pages are going to go these guys are nuts. thank you, chris, up on the hill and, josh, for enlightening us for the purposes of the viewer. >>> coming up, the man in the middle of the republican circus, john boehner. let's figure out this guy. what is his story? he's the leader of the party that doesn't want to be led by him or anybody. they don't even -- well, it's not even actually a political party. it's a faction of tea party people telling the most republicans that they're not playing ball with them. >>>
into the speakership. >> they wouldn't have to vote for pelosi. they could vote for newt gingrich -- >> but pelosi would get the most votes. >> you need to get 218. they would need to find a nominee who had 218. i don't think boehner would ever lose, but i think it would be a big symbol, a very big kind of vote of dissatisfaction among his republicans. >> chris, you know what we don't need right now is another symbol. how about complete symbol. thank you. wait until you...
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Dec 28, 2012
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the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are people who have suffered a real loss. can a pill really help you with that? here now is beverly hills psychiatrist dr. carol lieberman. is this a good idea? >> thank you. the whole mental health system is actually falling apart and it goes beyond bereavement and depression. actually, bereavement has a lot of similarities to major depression or at least in some people's cases. the depression comes from loss. so whether it's the loss of a job or a loss of a relationship or a loss of a loved one there really are similar symptoms like a sense of sadness like loss of interest or pleasure in activities th
the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are...
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Dec 28, 2012
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we saw speaker boehner leave and house minority leader pelosi leave. neither one is telling us what's going on. what is your gut? what do you think's going on? do we have a deal or no deal? >> my gut is feeling queazy. a lot of fiscal conservatives have been very worried about what john boehner may be giving up at the table here. i think that's why there's grassroots agitation for a fresh injection of leadership on capitol hill on the house republican side. there's always been a sense as long as these fiscal cliff negotiations have been going on an predating that to the last time the debt ceilings negotiations or give away that we're giving up way too much. and the sense is that it's all a could -- kabuki theater. >> president obama caught the hawaii vacation short for what reason? >> that's act one or two of the kabuki. to make it seem as though even though he flew off for vacation, he cares about what is happening. that's why so many americans and fox viewers obviously in particular are fed up with what's going on in d.c. because it seems there's alw
we saw speaker boehner leave and house minority leader pelosi leave. neither one is telling us what's going on. what is your gut? what do you think's going on? do we have a deal or no deal? >> my gut is feeling queazy. a lot of fiscal conservatives have been very worried about what john boehner may be giving up at the table here. i think that's why there's grassroots agitation for a fresh injection of leadership on capitol hill on the house republican side. there's always been a sense as...
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Dec 29, 2012
12/12
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after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who owns a wire basket manufacturing company in baltimore, say the coming fiscal cliff is already causing pain because they just don't know what will happen to their taxes. >> right now we're doing our budget. we're deciding how many people we're hiring next year. we're figuring out how many robots and machines we'll invest in our factories. >> reporter: and across the country all the political bickering had people outraged with washington. >> i can't believe we've gotten this close. >> time for them to turn in their term paper. >> this is america. they should be working for the american people. >> the parties
after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who...
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Dec 23, 2012
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who know hows pelosi would vote -- who knows how pelosi would vote. now it is strictly on the senate. >> coming man frost quick question before we leave, the speaker, speaker boehner, moved more toward what president obama wants. that's in terms of the limits of who would see higher taxes. do you think that was a step in the right direction? >> i think it was exactly the right thing for the speaker to have done. i just feel sorry for him that his own party wouldn't support him. what should have happened is this should have been brought up for a vote. boehner should have been able to get his own party to support it and send it back to the senate and see what they would do. he failed to get his own people behind him, and that's a disaster. >> i will leave it there. to be factually correct moments ago congressman peter king, a republican, was sitting here and says he did support the speaker plan. >> of course he did. he couldn't get enough republicans. >> you said the entire party. i want to make clear. >> no, the entire party didn't. >> thank you. >> th
who know hows pelosi would vote -- who knows how pelosi would vote. now it is strictly on the senate. >> coming man frost quick question before we leave, the speaker, speaker boehner, moved more toward what president obama wants. that's in terms of the limits of who would see higher taxes. do you think that was a step in the right direction? >> i think it was exactly the right thing for the speaker to have done. i just feel sorry for him that his own party wouldn't support him. what...
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Dec 28, 2012
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and here's where nancy pelosi comes in. if you've got about 30 republicans, it could actually pass. >> good afternoon, everyone. i've been working with leaders to try to forge an agreement to grow our economy and shrink the deficit. a balanced plan that would cut spending a responsible way, but also ask the wealthiest americans to pay a little more and protect the middle class and everyone striving to get into the middle class. i still want to get this cone. it's the right thing for our families. but the hour for immediate action is here. it is now. we're now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american's paycheck will get considerably smaller. and that would be the wrong thing to do. it would be bad for middle class families and bad for businesses that depend on family spending. forchew nat ew fortunately, con can prevent it from happening. i just had a good discussion about how to prevent this tax hike on the middle class. and i'm optimistic we may still be
and here's where nancy pelosi comes in. if you've got about 30 republicans, it could actually pass. >> good afternoon, everyone. i've been working with leaders to try to forge an agreement to grow our economy and shrink the deficit. a balanced plan that would cut spending a responsible way, but also ask the wealthiest americans to pay a little more and protect the middle class and everyone striving to get into the middle class. i still want to get this cone. it's the right thing for our...
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Dec 22, 2012
12/12
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whether or not you like what nancy pelosi stands for, as a speaker of the house, nancy pelosi was good at her job. john boehner is not good at his job. we've ventured this as a hypothesis very early on in his speakership, i mean right from the beginning. it seemed like there might be something amiss, right? on the first day as speaker, he tried to have republicans pull off the stunt where they would read the whole constitution from the floor of the house. but even on day one, john boehner could not manage his own symbolic gesture. they skipped parts of the constitution. they skipped parts they did not like. and some parts they skipped because they were reading it out of a loose leaf binder and the pages stuck together. right then we should have known that was a bad sign. john boehner did not even succeed in getting all of his members sworn in when he took over as speaker. two new republican members of congress went to a reception and missed the swearing in. they apparently saw it happening on a tv screen that was playing at the reception, and they sort of tried to swear themselves in b
whether or not you like what nancy pelosi stands for, as a speaker of the house, nancy pelosi was good at her job. john boehner is not good at his job. we've ventured this as a hypothesis very early on in his speakership, i mean right from the beginning. it seemed like there might be something amiss, right? on the first day as speaker, he tried to have republicans pull off the stunt where they would read the whole constitution from the floor of the house. but even on day one, john boehner could...
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Dec 28, 2012
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comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action now moves over to the senate. this meeting started according to senior administration official with president obama reiterating a proposal that he had put on the table on friday. last friday, calling to keep tax rates where they are for income amount of less than $250,000 a year and to extend long term unemployment insurance benefits. that at least as itself would probably not be something that could pass the house. so negotiations would have to continue to something in the middle of what republicans and democrats are asking for, if there is any hope of averting the fiscal cliff. shibani? shibani
comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action...
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Dec 29, 2012
12/12
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speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of democracy in burma creating the lead for democracy, elections followed in 1990 when her party won 80% but that joy turned to tragedy and the the military junta and aung san suu kyi spent 3 decades under house arrest unable to visit her dying husband. in 1996 i recall senator bill cohen approaching with senator mccain to sponsor a burma sanction bill, sanctions were put in place in 1997 and only loosened in july of this year. senator mcconnell became one of aung san suu kyi's chief advocates and we continue to work on behalf of the people of burma. in 2003 following an assassination attempt senator mcconnell and i worked to pass an important man the remains in place tod
speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of democracy in burma creating the lead for democracy, elections followed in 1990 when her party won 80% but that joy turned to tragedy and the the...
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Dec 28, 2012
12/12
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president obama, john boehner, nancy pelosi and harry reid, many mitch -- mitch mcconnell all in one room. danielle nottingham tells us it maybe the last chance to get any kind of agreement to avoid that fiscal cliff. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would
president obama, john boehner, nancy pelosi and harry reid, many mitch -- mitch mcconnell all in one room. danielle nottingham tells us it maybe the last chance to get any kind of agreement to avoid that fiscal cliff. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the...
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Dec 27, 2012
12/12
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by the way, i would give some advice to speaker boehner, he needs to talk to nancy pelosi. when nancy pelosi was speaker, she found a way even with maximum republican opposition to bring her diverse caucus. that is a caucus with diverse views together to get things done like the affordable care act. like dodd frank. she got it done. >> that's great advice, and we hope he listens. >> i hope so. >> thank you so much, my friend. >> my pleasure. >>> let's turn to ryan grim. mr. grim, the jobless are really the only segment of the population who get an immediate hit if we go over the fiscal cliff. doesn't this strike even what appears to be heartless politicians that the people most vulnerable are working class and working poor and middle class people who will get stiffed by this? >> yeah, the jobless have been getting pushed around by congress for years now, you know, ever since the economic crisis. and they implemented some extended emergency benefits they've been getting told that if they give them unemployment it will make them lazy and they will not look for jobs. states ha
by the way, i would give some advice to speaker boehner, he needs to talk to nancy pelosi. when nancy pelosi was speaker, she found a way even with maximum republican opposition to bring her diverse caucus. that is a caucus with diverse views together to get things done like the affordable care act. like dodd frank. she got it done. >> that's great advice, and we hope he listens. >> i hope so. >> thank you so much, my friend. >> my pleasure. >>> let's turn to...
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Dec 27, 2012
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nancy pelosi bringing war funding bills to the house floor during the bush administration. not because she loved the idea of continuing the wars in afghanistan and iraq but because she saw that was a priority that needed to move whether or not it was going to have a lot of democratic votes. >> amazing. you think of all those things in the senate. the farm bill had enough republican support over there. never brought up in the house. it's a tough thing to do for john boehner. john allen, thank you so much for joining us. looking forward to the book about hillary and concussion-dpat. it will be interesting. next, as a new senator gets swarn in today, the fight from john kerry is reading up. >>> topping the headlines on andrea mitchell reports, former president george h.w. bush has been moved to the intensive care unit of a houston hospital where he's been battling a cough since november. the 88-year-old was moved to the icu recently after a foout few setbacks including a persistent fever. doctors are optimistic. >>> another member of president obama's administration is steppin
nancy pelosi bringing war funding bills to the house floor during the bush administration. not because she loved the idea of continuing the wars in afghanistan and iraq but because she saw that was a priority that needed to move whether or not it was going to have a lot of democratic votes. >> amazing. you think of all those things in the senate. the farm bill had enough republican support over there. never brought up in the house. it's a tough thing to do for john boehner. john allen,...
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Dec 28, 2012
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other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the meetings the last few months. adam? >> we're looking to turn around reid's comments so we all can hear them. when you talk about the president he is up-or-down vote, someone referred to this as plan-c. is this the offer you reported on a while back where he would move the bottom line tax increase to 400,000 for the upper incomes as opposed to 250,000? is that on the table. >> we don't know if that is the specifically the offer on the table. it started at president's opening offer 250. you could see a pathway forward to raise the threshold up to 400, $500,000 a year, any amounts below that don't get tax increase. any amounts above that get tax increase. end of the year fixes preventing medicare doctors getting large pay cut. amt fix, prevents millions of americans paying
other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the meetings the last few months. adam? >> we're looking to turn around reid's comments so we all can hear them. when you talk about the president he is up-or-down vote,...
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president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate with yours
president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop....
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Dec 27, 2012
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earlier that year, harry reid and nancy pelosi gave george bush a stimulus. what happened was two things, al. first of all, barack obama got reelected. and for a variety of reasons, the republicans never game barack obama the kind of cooperation we gave george bush. of course you should disagree. but then in the end, you try to work things out. when george bush came to harry reid, we worked with him to go and to come to an agreement. mitch mcconnell, the republican leader, said my number one agenda item is to defeat barack obama. and then in 2010, people were elected who don't believe in govern nans. who don't understand reality. it's not like we've had it forever. we didn't have it before the partisanship and there was some people so offended by the notion that barack obama could win for a variety of reasons, that they decided to delegitize it. i think you're going to see a gradual relinquishment of this kind of obstructionist death grip they have on the party. >> plet me ask you, you're leaving washington after serving so long and so well. what will you mis
earlier that year, harry reid and nancy pelosi gave george bush a stimulus. what happened was two things, al. first of all, barack obama got reelected. and for a variety of reasons, the republicans never game barack obama the kind of cooperation we gave george bush. of course you should disagree. but then in the end, you try to work things out. when george bush came to harry reid, we worked with him to go and to come to an agreement. mitch mcconnell, the republican leader, said my number one...
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joining the president and vice president, boehner, pelosi, reid and mcconnell. their goal, agree on something before the country falls off the so-called fiscal cliff in four days. kelly o'donnell joining me live now and i understand we have information on the smaller offer that you reported that the president is making this information. >> reporter: good afternoon, craig. so they're going to meet, they need something to talk about the president is prepared to put on the table what aides describe as a smaller offer. you know, they had hoped to go for something much grander but with the 11th hour deadline, they want to do something to follow the lines of what the president said in the briefing room before going to hawaii for the holidays. basically resetting the discussion for income rates at the threshold he originally wanted, $250,000 for couples. why that's important is because in previous conversations with speaker boehner, the president had moved off that number to something more friendly to the republican party, putting the number at about $400,000 and peopl
joining the president and vice president, boehner, pelosi, reid and mcconnell. their goal, agree on something before the country falls off the so-called fiscal cliff in four days. kelly o'donnell joining me live now and i understand we have information on the smaller offer that you reported that the president is making this information. >> reporter: good afternoon, craig. so they're going to meet, they need something to talk about the president is prepared to put on the table what aides...
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reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum th
reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we...
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. >> this was pelosi-schumer proposal, an argument that went nowhere should we have or should not have rate increases. that should be on the agenda. >> arthel: but the president won the election again. he said we wanted higher earners to pay more taxes. >> we let the whole conversation to be about tax revenue which even the commission says is only one-tenth of the problem. nine tenths revolve around meaningful spending cuts and entitlement reform a which we're not going to get in a stopgap measure that looks to be a the conclusion of the fiscal cliff negotiations. >> arthel: which is kind of pa they had i can. honestly, they know all these talks have been on the table for a long time. if economists are suggests that go a combination of fax increases along with $56 billion in spending cuts could knock the economy back into a recession what is the argument? >> i agree. it is pathetic but there isn't an argument for why, especially the tea party members. i think boehner has been more flexible. he just doesn't have control over his party. he has members in the congress who are willing to h
. >> this was pelosi-schumer proposal, an argument that went nowhere should we have or should not have rate increases. that should be on the agenda. >> arthel: but the president won the election again. he said we wanted higher earners to pay more taxes. >> we let the whole conversation to be about tax revenue which even the commission says is only one-tenth of the problem. nine tenths revolve around meaningful spending cuts and entitlement reform a which we're not going to get...
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the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the nation on friday-- raise income taxes for households earning more than $250,000, extend unemployment benefits for those americans out of work for more than six months, and try to find some other means to avert the fiscal cliff before that deadline, and tomorrow, may give us a glimmer of hope but as i said, the white house does not consider this a breakthrough, but everyone is and will be talking. >> glor:
the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the...
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Dec 26, 2012
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wisest words of anyone in the house of representatives handing the gavel to nancy pelosi to be speaker of the house after republicans lost that 2006 election. he said, my party forgot that powers to be used for the good of the people and not for power's sake. that's what they have to remember. now, as far as that fiscal cliff, they can withhold the tax schedule changes. they're able like in defense, when you have a defense cut or a defense cut like that, it takes place over three to four years. it doesn't all happen this figs year. what we want is a bunny slope not a cliff so the damage is not great as long as we are able to take the short-term deal that david spoke about. what everyone is looking for, consumer and business investor is certainty. congress generates the political will with the president to address our problem. both in the grand scheme so we get $4 trillion in debt reduction over a year and second in the short term and don't have a gross domestic product grow at zee ro over the year. >> when you think about this entire issue, there is the gop caucus and the dysfunctional
wisest words of anyone in the house of representatives handing the gavel to nancy pelosi to be speaker of the house after republicans lost that 2006 election. he said, my party forgot that powers to be used for the good of the people and not for power's sake. that's what they have to remember. now, as far as that fiscal cliff, they can withhold the tax schedule changes. they're able like in defense, when you have a defense cut or a defense cut like that, it takes place over three to four years....
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Dec 28, 2012
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where we are awaiting boehner, pelosi, reid, mcconnell. all the major players to go into the white house, meet with the president, try to get a fiscal deal done. that meeting, 3:00 p.m. eastern time, in other words, in about eight minutes from now. any headline that comes out of it, you will hear first right here on the worldwide leader in business news. all right. let's forget theory for a moment and find out how the cliff may impact real businesses right here in america, so let's reconvene our "street signs" small business all-star panel. joining us president and owner of maria's italian kitchen and a new face to cnbc, david martin from h.j. martin & son in green bay who i met when i walked into his family store this summer and got a tour of the place. david, thank you very much for joining us. madeline, first, are you worried? are you customers going to stop eating at maria's if we go over the fiscal cliff? >> i don't know, brian. i've got my parachute packed. how about you? >> pasta parachute? that's terrible, sorry. >> full of lots of
where we are awaiting boehner, pelosi, reid, mcconnell. all the major players to go into the white house, meet with the president, try to get a fiscal deal done. that meeting, 3:00 p.m. eastern time, in other words, in about eight minutes from now. any headline that comes out of it, you will hear first right here on the worldwide leader in business news. all right. let's forget theory for a moment and find out how the cliff may impact real businesses right here in america, so let's reconvene...
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caller: what if nancy pelosi and john boehner got it together, and nancy pelosi told john boehner that if he could bring votes for his speakership, and they could maybe together isolate the tea party section of his group and then kind of take away the radical left of her group and bring the moderates together, support him for speakership? now, we would not get everything that i want, but also the republicans would not get everything they wanted, and by the time elections came up, they would see there is a lot of progress made, and maybe they could not run primary on those guys that are decided to go to the middle with nancy pelosi and that are together. host: thanks for the call. guest: don, you are suggesting that john boehner would be elected basically as a democratic speaker. it is not likely they would give him the votes. it is far more likely, quite honestly, that they would like to see some continued disruption in, let's say, in the force in the republican side, and john boehner would be a much weakened speaker, where he would be deposed, and they would have to find someone else.
caller: what if nancy pelosi and john boehner got it together, and nancy pelosi told john boehner that if he could bring votes for his speakership, and they could maybe together isolate the tea party section of his group and then kind of take away the radical left of her group and bring the moderates together, support him for speakership? now, we would not get everything that i want, but also the republicans would not get everything they wanted, and by the time elections came up, they would see...
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. >> he's not negotiating with nancy pelosi. he's negotiating with the president of the united states trying to work this deal out and certainly it's become a discussion with nancy pelosi and it's not, it's a discussion with the president of the united states in term of trying to work this through and where does he have to turn? he has to turn back to the principles in this negotiation and that's what he's done. >> but i believe he could have passed his plan b if he hadn't gone with the $20 million cutoff and he'd moved toward the center and that had been under discussion with a $400,000 cut off or a $500,000 cut off for the tax cuts to go into effect and the tax increases above that figure to go into effect and he didn't try to go into the center and he locked himself into an impossible situation where he couldn't get 218 votes in his own caucus and that was a failure of leadership. >> martin frost, david winston, ten seconds. you have ten seconds to respond. >> i'm sorry, but you're asking him to take the democratic position w
. >> he's not negotiating with nancy pelosi. he's negotiating with the president of the united states trying to work this deal out and certainly it's become a discussion with nancy pelosi and it's not, it's a discussion with the president of the united states in term of trying to work this through and where does he have to turn? he has to turn back to the principles in this negotiation and that's what he's done. >> but i believe he could have passed his plan b if he hadn't gone with...
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and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still seeming a little enthusiastic. >> jessica yellin, thanks so much. ken, i want to ask you, you're an expert on economic crises. yol want to have to use your expertise ever again. we're not going to a crisis, hopefully, as a result of this. what's your best advice in terms of keeping the economy on track? what's the best compromise everybody can come out with if they know it will help the economy? >> well, we'd like to see tax reform. we'd like to see washington do things like infrastructure, cut back on spending. it's dysfunctional. that's what's so disheartening about this. this isn't a one-time thing. we're going to see it again in february. it's hard to see where this is going to come to an end unless the parties reform. >> yeah. well, let's hope. i don't know if that's happening before monday, but we'll keep on them. ken, jessica, kevin, thanks to all of
and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still seeming a little enthusiastic. >> jessica yellin, thanks so much. ken, i want to ask you, you're an expert on economic crises. yol want to have to use your expertise ever again. we're not going to a crisis, hopefully, as a result of this. what's your best advice...
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you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the majorities, that that will be mostly republicans passing it. that's impossible, because republicans, you can't even get 10 or 20 of them to agree on anything they think is a tax hike. so you have a stalemate of boehner's over design. >>> ryan, to you, please responds to what joann said. a year ago, did you think -- yeah, we knew this was going to happen, did you think it would be this situation just days before the new years? if so are we going to have another fiscal cliff or a bunch that come to fruition here where we never see really a solution? >> well, it was very clear from the time that the super commi
you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the...
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harry reid, nancy pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your president a lot of credit. he went out there, went out campaigning. he does a really good job blaming the republicans. he was able to frame the debate about taxes against the rich. not on his reckless spending. as a politician, he is pretty -- he is pretty amazing. in terms of governing, he is horrible. this is not good long-term for this country. >> well, look, the president was very clear in two campaigns now about raising taxes on the top 2%. he was clear. and he and romney had that thing -- had that out. and he won on that platform, sean. i mean he fair and square he won on it. and he is going to make -- >> sean: so if the republicans. >> 2.5 in spending cuts. right now it is one-to-one or less. he didn't keep his promise on that he, joe trippi and you know it. >> 2.5 to one. >> there was a trillion dollars in cuts already that he agr
harry reid, nancy pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your president a lot of credit. he went out there, went out campaigning. he does a really good job blaming the republicans. he was able to frame the debate about taxes against the rich. not on his reckless spending. as a...
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before his departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences. >> speaker boehner's office responding with a terse statement saying in part, quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington
before his departure, the president called all four congressional leaders, reid, mcconnell, boehner and pelosi. now fiery words after reid hit boehner with volley after volley from the senate floor earlier today. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days after today aren't here with the speaker having told them they'll have 48-hours notice. i can't imagine their conscie e consciences....
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that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. i just have to repeat. you know, outside of washington, nobody understands how it is that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i
that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last...
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he believes that reid and mcconnell can come up with some type of proposal, and working with pelosi in the house, to see what's realistic to get through the house. if there is a vote in the senate. if it makes its way through the senate, the calculation, house republicans would feel a fair amount of pressure to vote this into law. why? because of the dead line? it would have gotten support in the senate. in an effort, it's boxing republicans in. will it work? we'll have to see. part of the calculation, if there is a piece of legislation will make it through the senate, the house will be responsible for voting this down at a critical time and ramp up the pressure to get something done. we'll have to see if that calculation works or even if reid and mcconnell can come up with a plan they think can make it through the senate. a lot of question marks still. >> still. three days away, and we didn't know sth was co know it was coming is what it's like. thank you, kristen. >> let's turn to jon harwood. sir, no more big deal. is this a little deal? we'll have to do something else in a month or
he believes that reid and mcconnell can come up with some type of proposal, and working with pelosi in the house, to see what's realistic to get through the house. if there is a vote in the senate. if it makes its way through the senate, the calculation, house republicans would feel a fair amount of pressure to vote this into law. why? because of the dead line? it would have gotten support in the senate. in an effort, it's boxing republicans in. will it work? we'll have to see. part of the...
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for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to their respective members as early as tomorrow. and other republican and democratic senators are underscoring the importance of reaching an agreement soon. >> if we don't have a deal
for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any...
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. >> nancy pelosi tried to do that and the signature is not there. chuck hegel was a colleague of yours. are you surprised about the criticism he received from the left and the right being the possible nominee for president obama in the obama administration in the second term? >> hegel used on foreign policy, but he hasn't received a lot of criticism. how much of that is justified? i can't tell you. >> senator from vermont, we thank you for joining us the day after christmas. >> joining us to talk big picture and the president's second term cabinet, nbc editor mark murray was the december employee of the month. congratulations. >> excuse me. you heard from senator sanders saying the lack of urgency hasn't been a problem, but if you look at it for all intents and purposes, boehner removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? w
. >> nancy pelosi tried to do that and the signature is not there. chuck hegel was a colleague of yours. are you surprised about the criticism he received from the left and the right being the possible nominee for president obama in the obama administration in the second term? >> hegel used on foreign policy, but he hasn't received a lot of criticism. how much of that is justified? i can't tell you. >> senator from vermont, we thank you for joining us the day after christmas....
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. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, carlino will be watching. >> everybody's kind of in a wait-and-see and fingers crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of
. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can...